Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Purchase Method: New Loan
  • Cap Rate: 9.4%
  • Listing ID: 517151
  • Posted On: Apr 13, 2015
  • Updated On: Oct 16, 2015

Description

First time sale of general contractor built and operated RV park in excellent condition. 69 full hookup RV sites, Owner 1 bedroom/1 bath, 800 square feet house with hot tub and adjacent two car and golf cart garage, and very old, teardown house on a separate 17,424 square feet parcel. A new house or manufactured home can replace the old house or maybe additional RV sites can be built. Amenities include an attractive office, store and clubhouse building with kitchen and bathrooms, swimming pool, large big rig sites, free cable tv to all sites, wifi, bbq area, horseshoes, dog walk area, and extensive front lawn and landscaping. Two large work shop shops with very complete and supplies and equipment to service the park. The park has very easy access to Highway 5 but no freeway noise. Most of the RV parks in Redding and Red Bluff have freeway noise. Park is adjacent to the downtown area and shopping with groceries, restaurants, Starbucks, County fairgrounds, and other services. 33 50 amp sites, county water for consumption and well for irrigation, septic sewer, and pea gravel roads. 50 pull thrus at approximately 27X50 feet and back ins are approximately 24X50. 10 not permitted water and electric only RV sites area primarily used for RV storage and parking. Park has a strong snowbird clientele of approximately 40 monthlies during the winter and 15 monthlies during the summer. Daily rates are $34.50 for 30 amp and $38.50 for 50 amp with a 10% discount for Good Sam, Military, and AAA. Monthly rate is $320 plus electric. No TOT in the City of Red Bluff. The very large lawn area in the front of the park of approximately 1.01 acres could potentially be used for commercial or additional RV sites. Property is operated by owner/operator couple and two workamper couples. For more information on the property, please visit their web page at www.redbluffrvpark.com.
Please do not visit the Property or contact anyone onsite. Please contact Broker to schedule a visit.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 69
Year Built: 1991
Average RV Lot Rent: $320
Size: 6.7 acre(s)

Financial Information (Actual)

Gross Income: $300
Operating Expense: $175
Net Operating Income: $124
Expense Ratio: 58.3 %

Utility Information

Water: City
Sewer: Septic